Transcript for Episode 28 - Applying rules of origin to your product
Rules of origin determine the economic nationality of goods being exported and imported.
They're used to judge how much of that product originated from a specific nation. And how much value was added to it during the manufacturing process.
These rules are outlined in trade agreements.
Under their terms, you'll need to demonstrate proof of origin of the goods you’re exporting.
So you’ll apply rules of origin to your products when filling out customs declarations. Which will be checked by a customs officer at the border.
Understanding rules of origin can therefore help you avoid any unforeseen delays.
Researching rules of origin is also a key part of export planning because the product's origin can dictate how much duty is paid on it.
So, it can help you assess the best markets to export to.
When exporting from the UK to the EU, rules of origin are important.
Because you may be able to avoid tariffs, or benefit from a preferential rate, depending on how you apply rules of origin to your goods.
Outside the EU, rules of origin requirements will differ between countries.
You can check for information about rules of origin on GOV.UK.
They're used to judge how much of that product originated from a specific nation. And how much value was added to it during the manufacturing process.
These rules are outlined in trade agreements.
Under their terms, you'll need to demonstrate proof of origin of the goods you’re exporting.
So you’ll apply rules of origin to your products when filling out customs declarations. Which will be checked by a customs officer at the border.
Understanding rules of origin can therefore help you avoid any unforeseen delays.
Researching rules of origin is also a key part of export planning because the product's origin can dictate how much duty is paid on it.
So, it can help you assess the best markets to export to.
When exporting from the UK to the EU, rules of origin are important.
Because you may be able to avoid tariffs, or benefit from a preferential rate, depending on how you apply rules of origin to your goods.
Outside the EU, rules of origin requirements will differ between countries.
You can check for information about rules of origin on GOV.UK.
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